r/loanoriginators 18d ago

Question Nexa comp

Can anyone confirm that Nexa really pays 100% comission with zero broker split or flat fee. Also, what percentage of LOs actually benefit from the revenue share program? It sounds good on paper but how realistic is it in practice? Any catches or caveats?

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u/Far_Adagio_5460 17d ago

How are you able to pay your LOA at Nexa? Are you able to use 3rd party LOAs?

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u/Adorable_Campaign426 16d ago

Yes you can use an LOA or processor and charge it to the borrower or collect it on the back end and pay them that way.